Are Wall Street Analysts Predicting Axon Enterprise Stock Will Climb or Sink?

With a market cap of $60.4 billion, Axon Enterprise, Inc. (AXON) develops and sells conducted energy devices under the TASER brand, along with body cameras, software, and digital evidence management solutions for public safety. The company serves law enforcement, federal, corrections, healthcare, retail, and personal safety markets worldwide.

Shares of the Scottsdale, Arizona-based company have significantly outperformed the broader market over the past 52 weeks. AXON stock has jumped 112.7% over this time frame, while the broader S&P 500 Index ($SPX) has returned 15.2%. Moreover, shares of the company are up 29.7% on a YTD basis, compared to SPX’s 10.2% rise.